The stock of iQIYI Inc ADR (NASDAQ: IQ) has decreased by -1.89 when compared to last closing price of 2.12.Despite this, the company has seen a gain of 2.46% in its stock price over the last five trading days. zacks.com reported 2024-12-27 that IQ is struggling with intense competition and declining ad revenues, despite an innovative content portfolio and expanding global reach.
Is It Worth Investing in iQIYI Inc ADR (NASDAQ: IQ) Right Now?
The price-to-earnings ratio for iQIYI Inc ADR (NASDAQ: IQ) is 10.26x, which is above its average ratio. Moreover, the 36-month beta value for IQ is 0.00. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 1 as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for IQ is 524.22M and currently, short sellers hold a 7.84% of that float. On December 30, 2024, IQ’s average trading volume was 22.01M shares.
IQ’s Market Performance
IQ’s stock has seen a 2.46% increase for the week, with a 4.52% rise in the past month and a -26.50% fall in the past quarter. The volatility ratio for the week is 3.82%, and the volatility levels for the past 30 days are at 5.92% for iQIYI Inc ADR. The simple moving average for the past 20 days is -4.85% for IQ’s stock, with a -37.18% simple moving average for the past 200 days.
Analysts’ Opinion of IQ
HSBC Securities gave a rating of “Reduce” to IQ, setting the target price at $3 in the report published on July 23rd of the current year.
IQ Trading at -8.98% from the 50-Day Moving Average
After a stumble in the market that brought IQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.14% of loss for the given period.
Volatility was left at 5.92%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares sank -3.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.10% lower at present.
During the last 5 trading sessions, IQ rose by +2.46%, which changed the moving average for the period of 200-days by -50.00% in comparison to the 20-day moving average, which settled at $2.19. In addition, iQIYI Inc ADR saw -57.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IQ starting from Wang Xiaohui, who proposed sale 35,000 shares at the price of $1.95 back on Nov 25 ’24. After this action, Wang Xiaohui now owns shares of iQIYI Inc ADR, valued at $68,250 using the latest closing price.
Stock Fundamentals for IQ
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.26 for the gross margin
The net margin for iQIYI Inc ADR stands at 0.05. The total capital return value is set at 0.1. Equity return is now at value 11.52, with 3.17 for asset returns.
Based on iQIYI Inc ADR (IQ), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 2.07.
Currently, EBITDA for the company is 17.25 billion with net debt to EBITDA at 2.18. When we switch over and look at the enterprise to sales, we see a ratio of 0.82. The receivables turnover for the company is 11.84for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To wrap up, the performance of iQIYI Inc ADR (IQ) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
